USDA Carcass Price Equivalent Index 07/20 15:31

NW_LS410
Des Moines, IA     Mon, Jul 20, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $358.15             $342.04
 Change =>                       0.94                1.50
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Current Index Reflects the Equivalent of 82,604 head of cattle.
SUPPLY (Live)  42,132 Hd
Equivalent:                   $358.21             $340.63
DEMAND (Box)   40,472 Hd*
Equivalent:                   $358.10             $343.45
Live-Box Spread:               $0.11              ($2.82)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $370.10
                  Weight   Price     Head      : Se 600-900#          $355.45
  Live Steer:          1532   $238.44    18,998: Current Lds:            77.1
  Live Heifer:         1378   $238.26     5,122: Previous Lds:          111.2
  Drsd Steer:          1001   $377.13    14,678
  Drsd Heifer:          887   $377.77     3,334
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      Grading % Breakdown            :         Drop Credit      :       14.08
 Ch 600-900# :                 86.68%:         Steer Dressing % :      63.70%
 Ch 600-750# :                 35.04%:         Heifer Dressing %:      63.64%
 Ch 750-900# :                 51.64%:         Processing Cost  :       12.00
 Se 600-900# :                 13.32%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.48%:
 Se 750-900# :                  9.84%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 358.15                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -2.68    -15.45
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 Prime 1-3            12.41   $341.27   $353.45   $370.56   $367.88   $355.11
 Certified 1-3         5.43   $334.29   $346.47   $363.58   $360.90   $348.13
 Choice 1              3.35   $332.21   $344.39   $361.50   $358.82   $346.05
 Select 1            -13.74   $315.12   $327.30   $344.41   $341.73   $328.96
 Stndrd 1-3          -35.20   $293.66   $305.84   $322.95   $320.27   $307.50
 Prime 4              -1.71   $327.15   $339.33   $356.44   $353.76   $340.99
 Choice 4            -12.82   $316.04   $328.22   $345.33   $342.65   $329.88
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*Reflects total boxed beef load count from past 5 days
multiplied by 75, the average head per boxed beef load.
(1) differentials based upon current premiums and discounts.
Note: Index reflects simple average of live and box equivalents.

Source: USDA Market News Service, Des Moines, IA
        Bryant Smith  515-284-4460  Desm.LPGMN@ams.usda.gov
        24 Hour recorded market information 515-284-4830
        www.ams.usda.gov/mnreports/NW_LS410.txt
        www.ams.usda.gov/LPSMarketNewsPage

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